TABLE 11-3 a Realtor Wants to Compare the Average Sales-To-Appraisal Ratios of Ratios

question 111

Multiple Choice

TABLE 11-3
A realtor wants to compare the average sales-to-appraisal ratios of residential properties sold in four neighborhoods (A, B, C, and D) . Four properties are randomly selected from each neighborhood and the ratios recorded for each, as shown below.
Interpret the results of the analysis summarized in the following table:
A) 3.
B) 4.
C) 12.
D) 16.
Answer:
A
Diff: 1
-Referring to Table 11-3, the critical value of Levene's test for homogeneity of variances at a 5% level of significance is

• A) 0.64
• B) 2.48
• C) 3.29
• D) 3.49

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